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Telus Sets CEO Transition as Darren Entwistle Retires and Victor Dodig Takes Helm

Story Highlights
  • Telus will see CEO Darren Entwistle retire June 30, 2026 after 26 years of transformational leadership.
  • Victor Dodig, former CIBC chief and Telus director, becomes President and CEO on July 1, 2026 following a planned succession.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Telus Sets CEO Transition as Darren Entwistle Retires and Victor Dodig Takes Helm

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Telus ( (TSE:T) ) has shared an announcement.

On February 12, 2026, Telus announced that long-serving President and CEO Darren Entwistle will retire on June 30, 2026, ending a 26-year tenure during which he led the company’s transformation into a global technology leader. In recognition of his impact, he will step down from the board at the same time, be named CEO Emeritus, and continue as an advisor to his successor until April 30, 2027.

Following a multi-year, board-led succession process, Telus appointed former CIBC chief executive and current Telus director Victor Dodig as President and CEO effective July 1, 2026. Dodig, who becomes CEO designate immediately and joins the leadership team full time on May 1, 2026, is expected to provide continuity, deepen customer-focused strategy and support long-term shareholder value as the company enters its next phase of growth.

The most recent analyst rating on (TSE:T) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on Telus stock, see the TSE:T Stock Forecast page.

Spark’s Take on TSE:T Stock

According to Spark, TipRanks’ AI Analyst, TSE:T is a Neutral.

Telus’ overall stock score is driven by stable financial performance and a strong earnings call, highlighting growth in customer base and AI initiatives. However, technical indicators suggest bearish momentum, and high leverage poses financial risks. The attractive dividend yield and strategic corporate events provide positive support.

To see Spark’s full report on TSE:T stock, click here.

More about Telus

Telus Corporation is a Canadian communications technology company that has evolved from a regional telecom into a global provider of broadband, wireless and data services. The company operates in more than 45 countries, generates over $20 billion in annual revenue, and emphasizes network infrastructure, AI capabilities and social-impact driven “social capitalism.”

Average Trading Volume: 8,288,937

Technical Sentiment Signal: Sell

Current Market Cap: C$29.98B

For detailed information about T stock, go to TipRanks’ Stock Analysis page.

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